(In thousands)February 28, 2026March 1, 2025
Land$3,501 $3,460 
Buildings and improvements206,315 195,205 
Machinery and equipment446,700 428,015 
Computer and office equipment and furniture55,117 61,926 
Construction in progress26,179 49,013 
Total property, plant and equipment737,812 737,619 
Less: accumulated depreciation482,780 469,480 
Net property, plant and equipment$255,032 $268,139 

Historical Timeline

Fiscal YearFiled
2026Apr 24, 2026Showing above
2025Apr 24, 2025
2024Apr 26, 2024
2023Apr 21, 2023
2022Apr 22, 2022
2021Apr 22, 2021
2020Apr 24, 2020
2019Apr 26, 2019
2018Apr 30, 2018
2017Apr 28, 2017
2016Apr 25, 2016

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.